NewFunds Low (South Africa) Performance
| STXLVL Etf | 1,264 2.00 0.16% |
The etf secures a Beta (Market Risk) of 0.051, which conveys not very significant fluctuations relative to the market. As returns on the market increase, NewFunds Low's returns are expected to increase less than the market. However, during the bear market, the loss of holding NewFunds Low is expected to be smaller as well.
Risk-Adjusted Performance
10 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in NewFunds Low Volatility are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. Despite somewhat strong essential indicators, NewFunds Low is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
NewFunds |
NewFunds Low Relative Risk vs. Return Landscape
If you would invest 120,700 in NewFunds Low Volatility on September 13, 2024 and sell it today you would earn a total of 5,900 from holding NewFunds Low Volatility or generate 4.89% return on investment over 90 days. NewFunds Low Volatility is generating 0.0776% of daily returns and assumes 0.6089% volatility on return distribution over the 90 days horizon. Simply put, 5% of etfs are less volatile than NewFunds, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
NewFunds Low Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for NewFunds Low's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as NewFunds Low Volatility, and traders can use it to determine the average amount a NewFunds Low's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1275
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | STXLVL | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.61 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average NewFunds Low is performing at about 10% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of NewFunds Low by adding it to a well-diversified portfolio.